StockWatch
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Shipping
Buyback4 Nov 2026, 04:24 pm

Great Eastern Shipping Extinguishes 19.9 Lakh Shares Post Buyback

AI Summary

Great Eastern Shipping Company Ltd has officially extinguished 19,89,553 equity shares, representing a reduction in its equity share capital. These shares were repurchased through the open market route during October 2026, in compliance with SEBI's Buy-Back Regulations. The extinguishment has resulted in a post-buyback paid-up share capital of ₹1,38,91,86,670. The company has provided necessary certifications from its registrar and secretarial auditors confirming the compliance with all regulatory requirements for the buyback and extinguishment process.

Key Highlights

  • 19,89,553 equity shares have been extinguished.
  • Share capital reduced post buyback.
  • Buyback completed via open market route.
  • Compliance with SEBI Buy-Back Regulations confirmed.
  • Post-buyback share capital stands at ₹1,38,91,86,670.